Supply Chain Opz

NOVEMBER 9, 2014

Companies of all sizes have been capturing the value from Global Supply Chain to increase the economies of scale and scope for years. Due to the rapid change in global business environment, managers find it difficult to gain the edge over competitors. delivery reliability”), but is that really “supply chain thinking”?

Agile and Lean Supply Chain 109

Agile and Lean Supply Chain Supply Chain Efficiency supply chain budgeting Supply Chain Optimization 109

World of Procurement blog

APRIL 23, 2024

In today's competitive business environment, procurement isn't just a necessity; it's a strategic function that can significantly influence a company’s bottom line. Technology has transformed procurement operations from a complex, manual process into an automated, streamlined function that enhances decision-making and transparency.

Procurement 52

Procurement Supply Chain Efficiency Real-time Visibility Purchase orders 52

Procurement Heads

APRIL 26, 2023

I studied procurement and obtained a Master’s degree in supply chain and international procurement. Following three years of studying international business, I had the option to choose across various specialisations for my Master’s degree and decided to try something completely new, which would sort of enhance my curriculum.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Efficiency Sustainability Risk management 130

Procurement Heads

APRIL 26, 2023

I studied procurement and obtained a Master’s degree in supply chain and international procurement. Following three years of studying international business, I had the option to choose across various specialisations for my Master’s degree and decided to try something completely new, which would sort of enhance my curriculum.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Efficiency Sustainability Risk management 130

IBM Supply Chain Blog

DECEMBER 13, 2023

A procurement strategy allows an organization to navigate an increasingly complex global supply chain, adapt swiftly to market fluctuations, and achieve cost optimization, operational efficiency and growth. A procurement strategy is not merely a series of steps for acquiring goods and services.

Procurement strategies 73

Procurement strategies Strategy Procurement Supply Chain Efficiency 73

Pipefy

DECEMBER 20, 2023

Strategic procurement, or procurement strategic planning, is a data-driven process that helps businesses align procurement and business goals. The result is greater supply chain predictability, more accurate decision-making, and better business agility. What is strategic procurement?

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Agile and Lean Supply Chain Strategic planning 52

Supply Chain Game Changer

SEPTEMBER 17, 2019

Subscribe to Supply Chain Game Changer. Imagining the Supply Chain of the Future! Mike Mortson was recently interviewed by Oracle as a part of their Global Supply Chain Influencer program. This article was posted on Oracle’s Supply Chain Management blog. Email Address. Mike Mortson.

Agile and Lean Supply Chain 59

Agile and Lean Supply Chain Supply Chain Efficiency Supply chain Real-time Visibility 59

Pipefy

OCTOBER 25, 2023

From reducing waste and containing costs to mitigating risks such as procurement fraud and inflated expenses, procurement’s insights and expertise can help businesses navigate some of their most pressing challenges. Today, quick fixes are being eclipsed by strategic agility that seeks to drive long-term business value and innovation.

Innovation 52

Innovation Strategy e2e Supply Chain Efficiency 52

Jaggaer

APRIL 14, 2020

Define your procurement response strategy. Catch the on-demand webinar on building business continuity plans and business strategies for the short, mid and long-term. “It’s good to hear that suppliers filing for bankruptcy is not one of the most common impacts you’re seeing right now.”

supply chain budgeting 52

supply chain budgeting Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization 52

Empowering CPO

JULY 16, 2023

Managed procurement services leverage expert knowledge and cutting-edge technology to not only simplify the procurement process but also to identify cost-saving opportunities, ensure supplier compliance, and manage risks.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization supply chain budgeting 52

Let's Talk Supply Chain

JUNE 27, 2022

The disruption the global supply chain is facing today has been a long time coming, yet it seems to have caught the entire industry off guard. Human rights groups and news reports have linked many multinational companies to suppliers there. Price Stabilization, Legislation, And The Shift Towards ESG. It’s time for a plan.

Import 52

Import Supply Chain Efficiency Agile and Lean Supply Chain e2e 52

Procurement Heads

JUNE 14, 2023

Public procurement regulations can be restrictive at times but the principles around openness, transparency and equal treatment are the right ones. If you know the regulations well and you can think strategically, you can still be agile, innovative and drive value for money. This took time and required a company-wide change.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Networking Supply Chain Efficiency Innovation 130

Empowering CPO

JULY 16, 2023

Managed procurement services leverage expert knowledge and cutting-edge technology to not only simplify the procurement process but also to identify cost-saving opportunities, ensure supplier compliance, and manage risks.

Supply Chain Efficiency 40

Supply Chain Efficiency Management Procurement Supply Chain Optimization 40

Supply Chain Game Changer

JULY 14, 2021

Subscribe to Supply Chain Game Changer. Procurement and Sustainability are your business’ Yin and Yang. At the crossroads of sustainability, technology, and the broader supplier base lies smart, sustainable, and scaling supply chain growth; growth that comes with a balance of people, planet, and profitability in mind.

Sustainability 98

Sustainability Procurement supply chain budgeting Agile and Lean Supply Chain 98

Supply Chain Game Changer

NOVEMBER 25, 2018

But this evolution in the supply chain, and for last mile fulfillment in particular, doesn’t end with retail. From restaurant chains to supermarkets to pharmacies to service providers, the world of logistics is experiencing unprecedented change. But transparency can go far beyond efficiency, comfort and value.

Logistics 58

Logistics Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization 58

Empowering CPO

JUNE 9, 2023

But procurement is more than just buying; it’s about making informed and strategic decisions that can significantly impact a company’s bottom line, efficiency, and competitive advantage. Understanding Procurement Metrics To gauge the effectiveness of procurement activities, businesses rely on procurement metrics.

Procurement 52

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Quality 52

Empowering CPO

JULY 3, 2023

Introduction In the complex and fast-paced business world of today, Managed Procurement Services (MPS) have emerged as a key solution for enterprises seeking to streamline their operations, improve efficiencies, and achieve cost savings. Procurement is no longer just about purchasing goods and services at the lowest cost.

Innovation 52

Innovation Strategy Procurement Management 52

SCMDOJO

MARCH 25, 2022

In the current era, it is clear that new modes of production are concomitant with new modes of distribution, which advances the field of logistics, the science of physical distribution or even supply chain management. Reminder of Key Definitions – Logistics & Supply Chain Management. and J-P Rodrigue (2004)).

Supply Chain Efficiency 132

Supply Chain Efficiency Agile and Lean Supply Chain Logistics Supply Chain Optimization 132

Pipefy

JANUARY 9, 2024

Smart procurement is the use of technology to improve efficiency and help build more agile procurement processes. Smart procurement is the use of advanced technology, such as AI, automation , and RPA to optimize procurement processes and relieve professionals from monotonous tasks in order to achieve greater efficiency.

Supply Chain Efficiency 52

Supply Chain Efficiency Agile and Lean Supply Chain Procurement Supply Chain Optimization 52

Pipefy

OCTOBER 25, 2023

Procurement teams have a critical role to play in business strategy. Procurement teams also share crucial data and information that business leaders need in order to make choices, set strategy, and stay competitive. They also need enough autonomy to stay agile and respond quickly as business realities change.

Procurement team 52

Procurement team Agile and Lean Supply Chain Business strategy Procurement 52

HICX

DECEMBER 11, 2023

Digital transformation provides businesses with new opportunities, streamlined processes and operations, and the ability to make better-informed decisions based on more accurate data. Supplier Management is an area within businesses that frequently shows significant potential for transformation through new and emerging digital technologies.

Supply chain management 52

Supply chain management Supply chain management Supply Chain Efficiency Agile and Lean Supply Chain 52

Jaggaer

OCTOBER 8, 2019

As we noted in the report, the digital transformation of procurement involves many processes working in tandem rather than sequentially; data integration would also allow analytics applications to exploit data from one area of the value chain to improve performance and efficiency in another. 2) Establish the basics.

Procurement 40

Procurement e2e Agile and Lean Supply Chain supply chain software solutions 40

Pipefy

JANUARY 30, 2024

Because procurement teams provide critical insights to inform business strategy , identifying opportunities to cut costs is one of the most important ways they do this. Procurement teams also share crucial data and information that business leaders need in order to make choices, set strategy, and remain competitive.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement Real-time Visibility Supply Chain Efficiency 52

FourKites

DECEMBER 11, 2020

What is a customer-focused supply chain? Having a customer-focused supply chain essentially means meeting the customer on their terms, rather than making them settle for yours. In this article we’ll cover the following areas of customer-driven supply chain strategy: The importance of a customer-driven supply chain.

Supply Chain Efficiency 52

Supply Chain Efficiency Agile and Lean Supply Chain supply chain software solutions Strategy 52

Planergy

SEPTEMBER 12, 2023

Vertical Integration: By taking control of different stages of the production or distribution process, businesses can gain supply chain control, reduce costs, increase efficiency, and differentiate their products and services. What is Horizontal Integration?

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Supply Chain Optimization supply chain budgeting 52

Sourcing and Supply Chain

NOVEMBER 8, 2021

Developing Entrepreneurship and Business Strategies ? In this competitive business market, we tend to collaborate with a set of finance chiefs. But, have you ever thought of saving the costs when the suppliers were unreachable, non-active suppliers during a lock down? Challenges faced in managing payrolls ?

Influencing 52

Influencing Data Risk Procurement team 52

IBM Supply Chain Blog

JUNE 22, 2023

Ultimately, modernizing these processes could save hundreds of millions of dollars, improve the employee experience and make the company more agile and competitive, he says. Labor arbitrage, or outsourcing labor to the lowest-cost workforce, has been the central strategy associated with business process outsourcing (BPO) for years.

Data 85

Data Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization 85

Empowering CPO

MAY 4, 2023

Importance of procurement in modern businesses In today’s fast-paced and competitive business landscape, procurement plays a crucial role in driving efficiency, cost savings, and overall success. Supplier management systems: Tools that help track, evaluate, and manage supplier relationships and performance.

Procurement 52

Procurement Procurement strategies Cost of ownership Supply Chain Efficiency 52

Pipefy

MAY 9, 2023

They are essential to measure the costs and reliability of a business strategy, as well as the performance and results. Procurement KPIs continually measure the progress of all things related to buying and obtaining goods and services necessary for a business’ operation. This is why supplier diversity is so important.

Procurement 52

Procurement Real-time Visibility supply chain budgeting Procurement team 52

The Good Spending

AUGUST 23, 2022

The value creation process includes: quality and customer service, supplier relationship, employee enrichment, community benefit, stockholder reward. The business must engage its stakeholders to effectively create, trade, and sustain value. Briefly, it is the next step from TCO-based supplier selection.

Procurement 98

Procurement supply chain budgeting Supply Chain Optimization Budget 98

Empowering CPO

JUNE 14, 2023

Introduction Welcome to the dynamic world of procurement, where businesses are constantly seeking innovative ways to manage their supply chains more efficiently and effectively. One strategy that has captured considerable attention is procurement outsourcing.

Procurement 52

Procurement Supply Chain Efficiency supply chain budgeting Real-time Visibility 52